[Form 4] Snowflake Inc. Insider Trading Activity
Rhea-AI Filing Summary
Snowflake Inc. insider Form 4: On 09/08/2025, Ramaswamy Sridhar, who is both a director and the Chief Executive Officer, reported the disposition of 1,334 shares of Snowflake common stock at a price of $225.58 per share. The filing indicates those shares were withheld to satisfy tax withholding obligations on vested restricted stock units.
Following the reported transaction, Mr. Ramaswamy is shown as beneficially owning 372,015 shares directly and 1,923 shares indirectly through The Ramaswamy Trust dated 1/8/2001, for which he is a trustee. The Form 4 was signed by an attorney-in-fact on 09/10/2025.
Positive
- Timely and explicit reporting: Form 4 discloses the transaction date, price, and reason for disposition (tax withholding).
- Ownership transparency: Filing states post-transaction beneficial ownership figures for direct and indirect holdings.
- Use of trust disclosed: Identifies The Ramaswamy Trust dated 1/8/2001 as indirect holder and the reporting person as trustee.
Negative
- Disposition of shares: 1,334 shares were disposed of on 09/08/2025 at $225.58 per share.
- Reduction in reported direct holdings: The filing shows shares withheld in connection with RSU vesting, which reduces immediately available shares.
Insights
TL;DR: Routine withholding of vested RSUs for taxes, properly reported by CEO/director; no additional transactions disclosed.
The Form 4 documents a common administrative disposition: shares were withheld to cover tax obligations arising from vested restricted stock units. The reporting person holds roles as both director and CEO, and retains significant direct ownership at 372,015 shares. The filing names an attorney-in-fact as signer, indicating use of a designated agent for submission. There are no disclosed option exercises, additional sales, or new grants in this filing.
TL;DR: Small, clearly disclosed disposition tied to RSU tax withholding; ownership totals are explicitly stated.
The transaction code F(1) and the explanation confirm that 1,334 shares were withheld for tax withholding on RSU vesting at a price of $225.58. Post-transaction beneficial ownership is reported as 372,015 shares direct and 1,923 indirect via a trust. The report contains no other purchases or sales and does not disclose any derivative holdings in this filing.